022 24172311
Sections
Search
Subscribe
DealCurry
Equity
Venture Capital
Private Equity
M&A

Private Equity | 21 June 2010

SPML Infra To Raise PE Funding For Bhiwandi Water Project

by Irfan Khan
SPML Infra To Raise PE Funding For Bhiwandi Water Project
Share on Social Media Email Facebook Twitter Linkedin
 
@irfan

SPML Infra is looking to raise upto Rs 300 Cr from PE investors for its Rs 700 Cr Bhiwandi water project.

The company has created a SPV - SPML Bhiwandi Water Supply Infra Limitedfor the project and will raise the balance Rs 400 Cr though debt. The project is expected to be operational by 2012-13.

The company has started negotiations with US based Water Asset Management and Veolia Water for the funds.

SBI Capital Markets
is advising SPML on the deal.

Transaction Reference: ET


{TAG_9270_1277093203}

Orbit Corp To Acquire Real Estate Developer Anaya Infrastructure

Orbit Corp To Acquire Real Estate Developer Anaya Infrastructure

Orbit Corporation has announced to acquire 100% stake in Anaya Infrastructure Pvt Ltd.

Read More...

IVRCL Sells Stake In Chennai Desalination Plant

IVRCL Sells Stake In Chennai Desalination Plant

Infrastructure company IVRCL has sold its entire 75% stake in Chennai Water Desalination Ltd to Dubai based Utico FZC. The deal provides the plant having a networth of R24 Cr with an equity valuation of R150 Cr.

Read More...